The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayesh Patel & PACs
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Jayesh Patel, a promoter of Pratiksha Chemicals Ltd, along with persons acting in concert (PACs), sold 1,07,090 equity shares (1.92% of the company) in the open market on 05.08.2025. Before the sale, the promoter group's combined holding stood at 7,78,331 shares (13.97%), which has now reduced to 6,71,241 shares (12.05%). The sale was carried out in compliance with SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. No encumbrances (pledge/lien) were involved in this transaction.
This is a promoter-led stake reduction of nearly 2% in a single day, which may be viewed negatively by retail investors as it signals the promoter is exiting a portion of their position. With the promoter group now holding just 12.05%, any further sales could meaningfully shift the shareholding pattern and put downward pressure on the stock in the short term.